China signs Economic and Technical Cooperation Agreement loaning $4.5 million USD to Cabo Verde

$4.5M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Cabo Verde
Country	Cabo Verde
Start Date	Dec 22, 2009
End Date	Oct 26, 2026
Duration	6,152 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56707`

Grant Description

China signs Economic and Technical Cooperation Agreement loaning $4.5 million USD to Cabo Verde On December 22, 2009, the Chinese Ambassador and Cabo Verde Minister of Finance signed an Economic and Technical Cooperation Agreement (ETCA) loaning $4.5 million USD to Cabo Verde for unspecified purposes.

The Chinese government uses ETCAs to offer interest-free loans, but it is unclear whether that is the case here. The sub-projects are unknown.

📚 Sources & References

驻佛得角大使李春华与佛政府签署经济技术合作协定
Governo assina acordo de empréstimo de 4,5 milhões de dólares com a China Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.